Use a Change of Base Formula to Evaluate the Given $\log 5 x = 3$

question 256

Multiple Choice

Use a change of base formula to evaluate the given logarithm. Approximate to three decimal places.
- $\log 5 x = 3$

• A) 15
• B) 125
• C) 243
• D) 8

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Definitions:

Accounting Equation

A fundamental principle in accounting that states that assets equal liabilities plus equity (Assets = Liabilities + Equity), serving as the foundation for the balance sheet.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations, calculated as current assets divided by current liabilities.

Short-term Obligations

Financial liabilities that are due for payment within one year.

Normal Balance

The side of an account (debit or credit) that is expected to have a higher balance based on the accounting equation.